EXPORT BEHAVIOR OF LOUISIANA AGRIBUSINESS FIRMS

Karol W. Hughes, P. Lynn Kennedy and Albert Ortego

No 31673, AEA Information Series from Louisiana State University, Department of Agricultural Economics and Agribusiness

Abstract: The United States is a party to several trading blocks, including the North American Free Trade Agreement, and is a signatory to the General Agreement on Tariffs and Trade. The impact of the new trading environment on the agribusiness sector depends on the business activities of individual firms. A survey of agribusiness firms was undertaken to gather information on their exporting experience and plans. The responses of exporters and non-exporters are presented. The likelihood of exporting increased with the size of a firm, both in terms of employee numbers an annual sales. The survey showed that for the majority of firms, exports accounted for less than 10% of total sales and that only a small number of companies had used government programs intended to aid exporters. These results indicate that agribusiness firms could benefit from programs that educate them on sources of export assistance.

Keywords: International Relations/Trade; Agribusiness (search for similar items in EconPapers)
Pages: 35
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:ags:lsuais:31673

DOI: 10.22004/ag.econ.31673

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